Wednesday, May 5, 2010

Casino gaming bill signed into law

The Casino Gaming Act 2010, having been passed by both Houses of Parliament in March, has been sent to King’s House for the Governor General’s signature.

Minister of State in the Ministry of Finance and the Public Service Senator Arthur Williams outlined the next steps to be taken, which include the establishment of the Casino Gaming Commission and appropriate regulatory framework.

“Now that the law has been passed, the ministerial order is imminent,” Williams said.

He said that the major challenge is to ensure that the casinos are run according to regulations.

“In this regard, apart from the main legislation, detailed regulations have to be promulgated,” he said.

He urged Jamaicans not to lose sight of what he said will be the economic benefits that can accrue from this landmark development.

“Casino gaming will expand our tourism product, increase earnings, generate employment and increase tax revenues,” Williams said.

To facilitate the Commission's functions, government is seeking to amend the Betting, Gaming and Lotteries Act 1975, under which the Betting, Gaming and Lotteries Commission currently regulates and controls the operations of betting and gaming and the conduct of lotteries in Jamaica.

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